Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is up 5.46% this week to $ 6,500 after a somewhat tumultuous week. On Monday, we reported that despite Bitcoin’s

Ethereum researcher and developer Vlad Zamfir has created the first successful proof-of-concept of second-layer scaling solution Sharding with developers Tim Beiko and John Marling. At ETH Berlin, one of the world’s largest Ethereum hackathons, Zamfir said in an interview with Rachel Rose O’Leary at Coindesk that Ethereum developers will be able to run the proof-of-concept

Zilliqa, a new technology platform designed to solve the issues of scalability, security and efficiency currently in existing blockchains, has upgraded its public testnet and introduced an integrated developer environment for Scilla, its new programming language for developing secure and scalable smart contract applications. In addition, Zilliqa Testnet v2.0 has introduced more stability and security to the high-throughput network and will allow people to join and begin mining test transactions, a major step towards the public release of the platform in Q3 of 2018. Read more...

A lot of cryptocurrency enthusiasts are looking forward to seeing how all of the major cryptocurrencies will scale. Ethereum is of special interest, and it seems its developers are looking to introduce both Casper and sharding in the same major upgrade. That would certainly get a lot of people excited, for rather obvious reasons.

The Future of Ethereum Scaling

As with most other cryptocurrencies on the market today, it is evident there need to be proper scaling solutions for Ethereum. Although this network currently processes around 1 million transactions per day, it seems things are progressing nicely. Even so, there are a lot of changes on the horizon, by the look of things, which can only be considered a good thing. Read more...

Vitalik Buterin has shed some light on the subjects of Sharding and Plasma while essentially suggesting that Ethereum’s network will ultimately be capable of supporting tens of thousands of transactions per second.

OmiseGO (OMG) held a holiday special AMA on May 30, which featured Ethereum’s founder Vitalik Buterin. While the entire session was filled with interesting insight, what definitely caught the attention of most viewers were Buterin’s thoughts on Sharding and Plasma — two major improvements to the Ethereum blockchain which are currently under development. Read more...

Any programmer who has ever sat down to build a DApp at one point has had to think about the limits of current public blockchains, the most important and obvious one being their limited throughput, i.e., the number of transactions processed per second. In order to run a DApp that can handle real-world throughput requirements, blockchains must become scalable.

One answer to blockchain scaling is sharding. Sharding promises to increase the throughput by changing the way blocks get validated by the network. The key feature of sharding that makes it unique among all (on-chain) scaling solutions is horizontal scaling, i.e., the throughput increases as the mining network expands. This particular characteristic of sharding may make it the ideal fuel to spur rapid adoption of blockchain technology.Read more...